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Australian-Indian space projects receive funding boost as governments bolster partnership

The Australian Government has committed funding to collaborative space ventures with India in a move aimed at strengthening bilateral ties and tackling mutual challenges such as climate change.

Xefco raises $10.5M to drive sustainability in fashion industry

Xefco, the pioneering sustainable manufacturing tech company, has announced a substantial fundraising round of AUD 10.5 million.

Breakthrough Victoria backs RayGen’s renewable energy vision with $20M investment

Breakthrough Victoria announced a $20 million investment in local company RayGen Resources in a bid to propel Victoria's transition towards clean energy sources.

MTPConnect spearheads biomedical manufacturing training in WA

MTPConnect takes the lead in enhancing Western Australia's biomedical manufacturing capabilities through a newly secured funding boost from the state government.

2024 Australian National Defence Strategy unveiled

The Australian Government has introduced the inaugural National Defence Strategy, which underscores the imperative for a unified, whole-of-government, and whole-of-nation approach to defence.

NT allocates $2M annually to drive job opportunities in Beetaloo gas industry

The Northern Territory Government has unveiled a significant annual investment of $2 million in the 2024 Budget to catalyse job creation within the territory’s gas sector.

Seaport Therapeutics secures $100M to harness Monash invention

Seaport Therapeutics, a biopharmaceutical company in the clinical stage, centred on an innovative drug delivery system initially created by researchers from Monash University, announced the completion of a Series A funding round, which raised USD 100 million (AUD 154 million).

Qld’s push for critical mineral exploration receives $4.6M boost

Queensland companies have secured significant funding totalling $4.6 million earmarked for extensive digging, drilling, sampling, and surveying activities aimed at uncovering new critical mineral deposits across the state.

AML3D expands presence with new USA facility post $3.9M capital raise

AML3D Limited has revealed plans to establish a dedicated facility in Ohio, USA, to bolster its presence and capitalize on the demand for advanced manufacturing technologies, particularly within the US Defence industry.

BluGlass wraps up share purchase plan, raises $5.87 million

BluGlass Limited has concluded its Share Purchase Plan (SPP), bolstering its financial position by raising $5.87 million, as announced in a media release.
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.